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Our Costs - Residential Purchase

FEES, DISBURSEMENTS & TIMESCALES

Area of Law: Property
Sub Area of Law: Residential Purchase
Charge: Fixed – sliding scale

We are accredited as part of the Law Society’s Conveyancing Quality Scheme (CQS).  The scheme is designed to improve transparency of transactions, raise service levels and provide better communication and a more efficient process.

We pride ourselves on being a high street practice offering a personal and individual service.

Fees

Our fees cover all of the work required to complete the purchase of your new home, including dealing with registration at the Land Registry and dealing with the payment of Stamp Duty Land Tax (Stamp Duty) if the property is in England.

 

Our fees are based on a sliding scale determined by a number of factors including the value of the property and whether the property is freehold or leasehold or registered land or unregistered land and any other factors unique to that property or area.  

The conveyancing process includes:

  • Obtaining the Contract documentation from the sellers solicitors;
     

  • Submitting the pre-exchange searches;
     

  • Investigating title and raising enquiries;
     

  • Agreeing the terms of the Contract;
     

  • Advising you in respect of your mortgage offer (if applicable);
     

  • Dealing with your lender’s requirements;
     

  • Preparing a legal report;
     

  • Proceeding to exchange of Contracts and subsequent completion of your purchase;
     

  • Preparing and submitting to HM Revenue and Customs the appropriate SDLT return;
     

  • Registering your purchase and the mortgage (if applicable) with the Lane Registry;
     

  • Providing you with a copy of the Land Registry Title documents and any indemnity insurance documents;
     

  • Forwarding to you any guarantees or other documents relating to the property
     

If anything outside the agreed scope of work arises this will be discussed with you and a fee agreed for undertaking the extra work required.  

BUYING AND SELLING A HOUSE

What a solicitor will do for you:

Usually the legal fees to act for you in your residential freehold purchase will fall within the range of £850 plus VAT for a simple transaction with a property valued at £200,000 and under through to £1,100 plus VAT for a property valued in the range of over £200,000 to £500,000.    If the property you are purchasing is valued over £500,000 an individual quote will be provided.    

If the property you are selling is leasehold or unregistered then an additional fee of £200 plus VAT will be applied.

Additional fees that apply will include:

  • Completion and submission of Stamp Duty Land Tax Return – £75.00
     

  • VAT thereon at 20% – £15.00
     

  • Bank telegraphic transfer fee to include additional costs and bank charge – £35.00
     

  • VAT thereon at 20% – £7.00
     

  • Electronic ID Check per person – £12.50 
     

  • VAT thereon at 20% – £2.50
     

  • Lawyer Check – £20.00
     

  • VAT thereon at 20% – £4.00

     

Disbursements
 

  • Stamp Duty Land tax (see below) TBA
     

  • Land Registry registration fee (calculated from a range set by the Land Registry) TBA
     

  • Local Authority, Water/Drainage & Environmental fees (inc VAT) – £300.00
     

  • Land Registry search fee – £3.00
     

  • VAT thereon at 20% – £0.60
     

  • Bankruptcy search fee (per person) – £2.00
     

  • VAT thereon at 20% – £0.40


 

Further fees and disbursements may apply depending on other factors, so we always recommend contacting us for a personal quote to be provided.

 

New Build Properties

If you are purchasing a new build property, the fees and disbursements will vary as different factors have to be taken into account and we always recommend you contact our New Homes Team – headed by Jules Griffiths-Jones for an individual quote.

For example if you are purchasing with the assistance of the Help to Buy Scheme an additional legal fee of £175 plus VAT will be charged plus an additional Land Registry fee of £3 plus VAT.

Stamp Duty

Stamp Duty Land Tax is a tax on land transactions in all of the United Kingdom and is a form of self-assessed transfer tax. This is a personal liability on yourself, we prepare and submit the return on your behalf but do not provide specialist advice. 

The Stamp Duty applicable will be included in your personal Quote and depends on the purchase price of your property and other factors. In all purchases we provide a Stamp Duty Guide and you can also calculate the amount you will need to pay using HMRC’s website: https://www.tax.service.gov.uk/calculate-stamp-duty-land-tax/#/intro

Timescale

We anticipate being able to complete the legal formalities within 8-12 weeks subject to the information provided although this may change as the matter proceeds, particularly if there are other parties on the conveyancing chain.

To enable you to track your purchase and receive updates you will be given an invite to Referring Smart, which can be accessed via your pc or you can download an app for your phone or ipad/tablet.

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OUR CONVEYANCING TEAM

(Over our four offices)

Name
Job Title
Qualifications
Areas of Law Practiced
Years of Experience
Anri Oosthuizen
Chartered Legal Executive | Residential Property
Chartered Legal Executive
Residential Property
8+ Years of Experience
Caroline Facey
Assistant and Trainee Legal Executive | Conveyancing
Trainee Legal Executive
Residential Property
3 Years of Experience
Charlotte Read
Solicitor | Residential Property
Solicitor
Residential Property
14 Years of Experience
Emily Wilson
Chartered Legal Executive | Residential Property
FCILEx
Residential Property
10 Years of Experience
Emma Rybaruk
Solicitor | Residential Property
Solicitor
Residential Property
15+ Years of Experience
Jules Griffiths-Jones
Partner | New Build Properties
FCILEx
New Build Property
25+ Years of Experience
Megan Carthew
Conveyancing Assistant and Trainee Legal Executive | New Build Properties
Trainee Legal Executive
New Build Property
7+ Years of Experience
Mercedes Thorne
Conveyancing Manager | Residential Property
Residential Property
14 Years of Experience
Paula Woodland
Partner and Head of Residential Property
FCILEx
Residential Property
29 Years of Experience
Sue Gill
Chartered Legal Executive | Residential Property
FCILEx | Chartered Legal Executive
Residential Property
15+ Years of Experience
Susan Walker
Property Executive | Residential Property
ILEx
Residential Property
15 Years of Experience
Terese Kingman
Associate and Chartered Legal Executive | Property
FCILEx
Residential Property
20 Years of Experience

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